Ethereum ETH/USD is traded at 460 level. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an upward trend in Ethereum. Ichimoku Kinko Hyo signal line area test is near the 445 level, where we expect a rebound and an attempt to continue the growth of the cryptocurrency with the target at level 530.
Ethereum prediction & analysis ETH/USD on November 26, 2017
Earlier, a strong signal was received for buy of Ethereum cryptocurrency due to crossing of the signal lines at level 307. Canceling the growth scenario Ethereum there will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 380 that will indicate a shift in a bullish trend in favor of a bearish trend. Expect an acceleration in the growth of quotations ETH/USD stands with a breakdown of the level of 490.
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